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4:47 PM Town of Blue River

06/14/09 Balance Sheet


Cash Basis As of June 16, 2009

Jun 16, 09
ASSETS
Current Assets
Checking/Savings
Operating - Alpine Bank 53,469.46
Reserve1 - Alpine Bank 240,253.12
Reserve2 - Alpine Bank 240,232.22
Conservation Trust-Alpine Bank 88,550.32
Public Fund Now 16,606.66
Colorado Trust 103.58
CSAFE 100.00
Conservation Trust 1,818.00
Total Checking/Savings 641,133.36
Other Current Assets
Illiquid Trust Funds 2,015.84
Cash with the County Treasurer 2,267.46
Property Taxes Receivable 501,587.00
Total Other Current Assets 505,870.30

Total Current Assets 1,147,003.66


Fixed Assets
Town Hall 371,456.77
Furniture & Equipment 11,845.75
Computer Equipment 2,391.88
Vehicles 31,596.00
Accumulated Depreciation -69,980.16
Land 115,870.00
Streets 574,545.04
Total Fixed Assets 1,037,725.28

TOTAL ASSETS 2,184,728.94


LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
FICA Payable 672.76
Fed W/H Payable 212.62
Colo W/H Payable 227.00
Reserve for McCullough Gulch 772.53
Bonds--hold & refund 3,710.00
Deferred Revenue - Property Tax 501,587.00
Total Other Current Liabilities 507,181.91

Total Current Liabilities 507,181.91


Long Term Liabilities
Auto Loan-Summit County 10,796.89
Total Long Term Liabilities 10,796.89

Total Liabilities 517,978.80


Equity
Invested in Capital Assets, Net 1,019,659.00
Fund Balance - Amendment 1 22,241.00
Fund Balance - Conservation Trs 88,297.84
General Fund Balance 319,253.50
Net Income 217,298.80
Total Equity 1,666,750.14

TOTAL LIABILITIES & EQUITY 2,184,728.94

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